NVR executive chairman granted 2,619 stock options
NVR, Inc. reported that Executive Chairman Paul C. Saville received a grant of employee stock options covering 2,619 shares of common stock.
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Rhea-AI Filing Summary
NVR, Inc. reported that Executive Chairman Paul C. Saville received a grant of employee stock options covering 2,619 shares of common stock. The options have an exercise price of $5,720.10 per share and expire on May 13, 2036.
These time-based stock options were granted under the NVR, Inc. 2018 Equity Incentive Plan, and Saville’s holdings from this award total 2,619 options following the transaction. He also received an additional grant of performance-based options for an equal number of shares that will vest based on NVR’s return on capital performance during 2026 to 2028, in addition to the same time-based vesting terms.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee stock option (right to buy) | 2,619 | $0.00 | $0.00 |
Footnotes (1)
- F1. Time-based stock options granted under NVR, Inc. 2018 Equity Incentive Plan. Mr. Saville also received performance-based options under the NVR, Inc. 2018 Equity Incentive Plan for an equal number of shares. The performance-based options will vest on the same terms as the time-based options, subject to an additional requirement that vesting of the options is based on the Company's return on capital performance during 2026 to 2028.
Key Figures
Key Terms
Employee stock option financial
NVR, Inc. 2018 Equity Incentive Plan financial
performance-based options financial
return on capital performance financial
FAQ
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What did NVR (NVR) disclose about Paul C. Saville in this Form 4?
How many NVR stock options were granted to Paul C. Saville?
What is the exercise price of Paul C. Saville’s NVR stock options?
When do Paul C. Saville’s NVR stock options expire?
What performance conditions apply to Paul C. Saville’s NVR options?
Under which plan were Paul C. Saville’s NVR options granted?
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